3680 Wilcox Dr

Pearl, MS 39208
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3 bd, 1 ba | 1,879 sqft | Built in 1969

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List Price
$222,500

Initial Investment

$60,631

Purchase Price

$222,500

Down Payment

25%

Rent

$1,840

Total Return

$73,536

Annualized Return

18.4%

Cap Rate

7.1%

Gross Yield

9.9%

Cash Flow

$2,792

Appreciation

4.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,196

HOA

None

Flood Risk

Not Required

Take Advantage of $3,000 in Seller Concessions, applicable towards Closing Costs or an Interest Rate Buy-Down! Welcome to 3680 Wilcox Drive in Pearl, featuring 3 Bedrooms, 2 Bathrooms, and over 1,800 Square Feet of Heated and Cooled Living Space. Upon Arrival, you'll be greeted by the home's well-manicured lawn and Impressive Curb Appeal. Inside, the large Open Living Room boasts Vaulted Ceilings with Wood Beams, creating a warm and inviting atmosphere. Beautiful Wood-Like Laminate Flooring spans the Living Area and spacious Dining/Sitting Room, adding to the home's charm. The Kitchen is a Chef's Delight, offering Tile Floors and Countertops, ample Cabinet Space, a Built-In Oven, Stove-Top, and Stainless Steel Dishwasher. The cozy Eat-In Kitchen, with Large Windows, provides a delightful view of the Backyard, perfect for enjoying meals. The Hallway opposite the Kitchen leads to two Guest Bedrooms, a Guest Bathroom, and the Owner's Suite. The spacious Owner's Suite features a lovely Bathroom with Built-In Cabinets and a Walk-In Shower. Don't forget to check out the Large Separate Office in this home. No need to take up a bedroom when you can use this designated Office with Built-Ins and a Closet. One of the standout features of this property is the Large, Level Backyard with an Extra-Large Patio, ideal for Grilling and Entertaining Guests. Don't miss the opportunity to make 3680 Wilcox Drive your New Home!

See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$20,976

Expenses

-$3,927

Property Taxes

-$2,160

Loan Payments

-$12,096

Net Cash Flow

$2,792

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Mary Ann Roper
Agent License S28571
Hopper Properties
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4086658
Last Updated: 07/26/2024 01:07
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